EY: Investment grade to attract new FDIs to Greece

Greece achieved the best historical performance in terms of the number of foreign direct investments in 2022, according to the "EY Attractiveness Survey Greece 2023". The fifth edition of the attractiveness survey of the country as an investment destination was carried out by FT Longitude on behalf of EY Greece, between July 3 and July 26, 2023, ANA reports.

At the same time, the fact that Greece has regained an investment grade rating is forecast to bring a new significant increase in foreign direct investment in the country. As Giorgos Papadimitriou, managing director of EY Greece, pointed out to the Athens-Macedonian News Agency (ANA-MPA), "the recovery of an investment grade rating, in principle, has a great symbolic and psychological significance, as it confirms Greece's return to 'normality'', after a turbulent multi-year period."

As such, it is expected to have a positive impact on the country's ability to attract foreign direct investments (FDI), as it will significantly boost the confidence of the international investment community, by drastically reducing sovereign risk, he added.

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